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please answer step by step not on excel Your portfolio has a beta of 1.57. The portfolio consists of 16 percent U.S. Treasury bills, 35

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Your portfolio has a beta of 1.57. The portfolio consists of 16 percent U.S. Treasury bills, 35 percent Stock A, and 49 percent Stock B. Stock A has a risk level equivalent to that of the overall market. What is the beta of Stock B

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